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Netflix separates DVD from streaming video plans and hikes its prices, each to cost $8

Consumer Reports News: July 12, 2011 04:03 PM

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Starting September 1, more than 23 million Netflix subscribers will have to decide whether they want to pay $16 a month in order to still get both DVD delivery and streaming video: Netflix will no longer offer its $10 combo package. The move effectively raises prices by 60 percent for subscribers who still want both DVD and streaming options.

The online and mail order rental company cited the cost to acquire and deliver films and TV shows as part of the reason for the price hike, according to Bloomberg news. In addition, there was also the added cost of licensing fees required to secure the rights to streaming content.

Will you pay for both or choose either rental or streaming?

Netflix Increases Prices for DVD-Streaming Plans by 60% [Bloomberg News]
Netflix Shakes Up Plans: $8 for Streaming, Another $8 for DVDs [TechLand]

Maggie Shader

   

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